BSMT Performance — Invesco BulletShares 2029 Municipal Bond ETF
Data updated: 2026-07-29
BSMT returned +0.78% year to date and +4.51% over one year to May 2026. Annualised returns are +3.00% over 3 years and −0.10% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $109, against $111 for the category, and to $105 over one year, against $106. Volatility over the past three years was 4.50% a year. In the 12 months to May 2026 the fund took in a net $76.2M, and assets reached $271.61M.
BSMT Growth of $100
What $100 invested in Invesco BulletShares 2029 Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | BSMT | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $106 |
| 3 years (Jun 2023 – May 2026) | $109 | $111 |
| 5 years (Jun 2021 – May 2026) | $99 | $104 |
| Since data start (Sep 2019 – May 2026) | $107 | $109 |
BSMT Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.78% |
| 1 year | +4.51% |
| 3 years (annualised) | +3.00% |
| 5 years (annualised) | −0.10% |
BSMT Annual Returns
Calendar-year total returns of Invesco BulletShares 2029 Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.78% |
| 2025 | +3.62% |
| 2024 | +0.67% |
| 2023 | +5.38% |
| 2022 | −11.13% |
| 2021 | +1.33% |
| 2020 | +7.08% |
| 2019 (Sep–Dec) | −0.07% |
BSMT Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +0.7% | −1.4% | +0.5% | +0.2% | — | — | — | — | — | — | — |
| 2025 | +0.3% | +0.9% | −1.2% | −0.6% | +0.4% | +0.8% | +0.3% | +0.7% | +0.9% | +0.4% | +0.2% | +0.3% |
| 2024 | −0.2% | 0.0% | −0.2% | −1.1% | −0.5% | +1.2% | +0.9% | +0.8% | +0.9% | −1.2% | +1.1% | −0.9% |
| 2023 | +3.0% | −2.4% | +2.2% | −0.2% | −1.1% | +0.7% | +0.2% | −1.2% | −2.6% | −0.9% | +5.4% | +2.3% |
| 2022 | −3.2% | −0.7% | −4.1% | −3.9% | +2.0% | −2.4% | +3.2% | −2.6% | −3.9% | −0.8% | +5.0% | +0.2% |
| 2021 | +0.5% | −2.8% | +0.8% | +1.2% | +0.5% | +0.4% | +1.0% | −0.5% | −1.1% | −0.2% | +1.2% | +0.3% |
| 2020 | +2.8% | +2.3% | −5.2% | −2.5% | +4.8% | +1.2% | +2.4% | −0.7% | −0.6% | −0.6% | +2.4% | +1.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.2% | −0.2% | +0.1% | +0.2% |
BSMT Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.50%
- 3-year Sharpe ratio: -0.33 (vs 4.5% risk-free rate)
- Best month: +5.41% (Nov 2023)
- Worst month: −2.57% (Sep 2023)
BSMT Fund Flows
Monthly money in and out of Invesco BulletShares 2029 Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $76.2M
- 12-month gross sales (incl. reinvestments): $76.2M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $11.5M | $0 | $11.5M |
| Apr 2026 | $6.9M | $0 | $6.9M |
| Mar 2026 | $2.3M | $0 | $2.3M |
| Feb 2026 | $4.7M | $0 | $4.7M |
| Jan 2026 | $11.6M | $0 | $11.6M |
| Dec 2025 | $11.6M | $0 | $11.6M |
| Nov 2025 | $4.6M | $0 | $4.6M |
| Oct 2025 | $9.2M | $0 | $9.2M |
| Sep 2025 | $6.9M | $0 | $6.9M |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $6.8M | $0 | $6.8M |
| Jun 2025 | $0 | $0 | $0 |
BSMT Assets Under Management
Net assets of Invesco BulletShares 2029 Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $271.61M |
| 2026-02-28 | $254.36M |
| 2025-11-30 | $223.70M |
| 2025-08-31 | $201.22M |
| 2025-05-31 | $192.38M |
| 2025-02-28 | $175.56M |
| 2024-11-30 | $148.34M |
| 2024-08-31 | $122.73M |
| 2024-05-31 | $99.70M |
| 2024-02-29 | $86.04M |
| 2023-11-30 | $59.61M |
| 2023-08-31 | $47.62M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.